Joint Base Charleston Military & Family Readiness

This is a great benefit for STUDENT LOANS for service members who have ever deployed! ZERO PERCENT INTEREST FOR SERVICE IN AN AREA OF HOSTILE FIRE!

Service members who are serving or have served in an area that qualifies for hostile fire or imminent danger pay are exempt from interest accruing (for up to 60 months) on federal student Direct Loans. This can be applied retroactively, even after you’ve left military service!

Individuals who believe that they qualify should apply for reimbursement by contacting their student loan servicer. Most likely, you will need to provide one of the following;
1. LES with hostile fire or imminent danger pay
2. Certifying official’s statement
3. Military orders showing service in a hostile area

Don’t forget, federal student Direct Loans also qualify for the Public Student Loan Forgiveness Program!

For more information on receiving zero percent interest for service in an area of hostile fire, please check out this article.
http://www.dodlive.mil/2018/01/25/reduce-the-cost-of-student-loans-with-0-interest-relief/

For any questions regarding student loans or the Public Student Loan Forgiveness Program, give us a call at 843-963-8883 and speak with one of our Financial Counselors!

Author: https://facebook.com/306758651047 – Joint Base Charleston Military & Family Readiness


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Keith Edwards

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